NOT LISTED FOR SALE

Estimated Value: $1,079,000 - $1,226,000

2 Beds
1.5 Baths
924 Sq Ft
$1,260/Sq Ft Est. Value

Last Sold December 05, 2023

Last sale price $1,105,000 $1,196 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $7,237/month

16 Days on Market

Highlights

  • Solar Power System
  • Wood Flooring
  • No HOA
  • John Marshall Senior High Rated A
  • Furnished
  • Breakfast Area or Nook

About This Home

As of December 2023

Classic character-filled, California bungalow in the heart of Echo Park. Featuring 2 bedrooms and 1.5 bathrooms, this stylishly updated property celebrates original details with a modern edge. The airy open floor plan offers functional flexibility between public and private spaces. The beautifully updated kitchen and bath seamlessly merge with vintage details, wood flooring, a decorative stone fireplace and built-in cabinetry, to create a space that is modern yet full of charm. The kitchen boasts stainless steel appliances and a separate dining area perfect for morning meals.Step outside through a floor to ceiling glass wall on to the expansive Ipe deck, complete with a lounge area, BBQ and second bath. The drought-tolerant outdoor space includes a side dining deck, citrus trees and a thoughtfully designed front yard with seating area, ideal for evenings under the stars. An integral aspect in the home's appeal is its commitment to sustainability, featuring rooftop solar panels. Carefully installed to blend with the original aesthetic, the system captures ample sunlight throughout the day to power the home efficiently. Recent upgrades include an efficient central air-conditioning system and seismic retrofitting. There is a street-level single car garage, 220V EV charging outlet and a driveway with parking for an additional car. If you're looking for a new home in a hip and vibrant neighborhood, then look no further than this updated light-filled bungalow in Echo Park. Located just minutes away from Elysian Park, restaurants, cafes and more, this area is the perfect blend of urban living and relaxed charm.

Last Agent to Sell the Property

JB Fung

Compass License #01332492 Listed on: 10/26/2023

Compass

Last Buyer's Agent

Alexandra Newman

Compass License #01967405

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1913

Lot Details

  • 2,885 Sq Ft Lot
  • Lot Dimensions are 50x55
  • Fenced
  • Sprinkler System
  • Front Yard
  • Property is zoned LARD1.5

Home Design

  • Bungalow

Interior Spaces

  • 924 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Decorative Fireplace
  • Entryway
  • Living Room
  • Dining Area

Kitchen

  • Breakfast Area or Nook
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Driveway

Utilities

  • Air Conditioning
  • Floor Furnace
  • Sewer in Street

Additional Features

  • Solar Power System
  • Shed

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5420-022-021

Home Details

Home Type

Single Family

Year Built

Built in 1913

Lot Details

2,885 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Bungalow
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 924
  • Lot Acreage: 0.0662
  • Lot Dimensions: 50x55
  • Stories: 1
  • Year Built: 1913
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Decorative
  • Flooring: Wood, Tile, Hardwood
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Eating Areas: Breakfast Area, Dining Area
  • Laundry: Laundry Area
  • Total Bathrooms: 2.00
  • Equipment: Dishwasher, Dryer, Washer, Refrigerator, Solar Panels, Garbage Disposal
  • Price Per S Q F T: 1189.39

Exterior Features

  • Other Structures: Shed(s), Other
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Garage, Driveway
  • Total Parking: 1

Utilities

  • Cooling: Air Conditioning
  • Heating: Floor
  • Sewer: In Street

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Sprinklers: Sprinkler System
  • Assessor Parcel Number: 5420-022-021
  • Lot Description: Curbs, Front Yard, Yard, Sidewalks, Fenced
  • Lot Size Area: 2885

Rental Info

  • Furnished: Furnished
  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 9, 2023
Sold by
Spina Maximiliano Fernando and Jia Yi
Bought by
Spina Gu Family Trust
Current Estimated Value
$1,164,036

Purchase Details

Closed on
Mar 22, 2022
Sold by
Spina Gu Family Trust
Bought by
Kimberly Karen Velasco Caraig Revocable Trust and Caraig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$884,000
Interest Rate
7.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 2019
Sold by
Spina Maximiliano Fernando
Bought by
Spina Maximiliano Fernando and Gu Jia Yi

Purchase Details

Listed on
May 2, 2014
Closed on
Jun 25, 2014
Sold by
Schmitz Marcia
Bought by
Spina Maximiliano Fernando
Seller's Agent
Judy Oroshnik
Compass
Buyer's Agent
JB Fung
Compass
List Price
$549,000
Sold Price
$633,000
Premium/Discount to List
$84,000
15.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.34%
Original Mortgage
$474,750
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 27, 2006
Sold by
Childers Marcia and Childers William E
Bought by
Childers William E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2004
Sold by
Jason John Michael
Bought by
Childers William E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 3, 2001
Sold by
Torres Leonides I and Vides Marleny
Bought by
Jason John Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,600
Interest Rate
7.19%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Spina Gu Family Trust -- --
Kimberly Karen Velasco Caraig Revocable Trust $1,105,000 Equity Title
Spina Maximiliano Fernando -- None Available
Spina Maximiliano Fernando $633,000 California Title
Childers William E -- Fidelity National Title Co
Childers William E $400,000 First Southwestern Title Co
Jason John Michael $177,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kimberly Karen Velasco Caraig Revocable Trust $884,000
Previous Owner Spina Maximiliano Fernando $474,750
Previous Owner Childers William E $90,000
Previous Owner Childers William E $320,000
Previous Owner Jason John Michael $141,600
Closed Childers William E $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/05/2023 12/05/23 Sold $1,105,000 +0.5% $1,196 / Sq Ft
11/11/2023 11/11/23 Pending -- -- --
10/26/2023 10/26/23 For Sale $1,099,000 +73.6% $1,189 / Sq Ft
07/08/2014 07/08/14 Sold $633,000 +15.3% $685 / Sq Ft View Prior Sale
06/10/2014 06/10/14 Pending -- -- --
06/10/2014 06/10/14 For Sale $549,000 0.0% $594 / Sq Ft
05/15/2014 05/15/14 Pending -- -- --
05/02/2014 05/02/14 For Sale $549,000 -- $594 / Sq Ft
Source: The MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,366 $1,127,100 $1,041,420 $85,680
2024 $13,366 $1,105,000 $1,021,000 $84,000
2023 $8,879 $731,222 $584,980 $146,242
2022 $8,462 $716,885 $573,510 $143,375
2021 $8,358 $702,829 $562,265 $140,564
2019 $8,104 $681,985 $545,589 $136,396
2018 $8,057 $668,614 $534,892 $133,722
2016 $7,702 $642,652 $514,122 $128,530
2015 $7,588 $633,000 $506,400 $126,600
2014 $5,327 $433,000 $346,000 $87,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-325633

The MLS

APN: 5420-022-021

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